tv Economic Divide US sanctions on Iran and Russia PRESSTV December 13, 2024 9:02pm-9:31pm IRST
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when a country is a super power in the world means that it can project power over countries now that is usually associated with military equipment like bombs and tanks, but there's another weapon that is commonly used, and that is the use of sanctions. the us is the leader. if you follow my foreign policy, i'll impose sanctions. that is their mantra, but there are countries like russia and iran who have defied those dictates, part of the reason why they represent the new world order and not the us.
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is a skill made into an art by iran, one which russia has aspired to do also, but how is it achieved? there are lots of challenges when it comes to bypassing us sanctions. one of the ways of doing that is a new financial system, that's something that both russia and iran have established between themselves, especially bypassing the swift financial system, an architecture in place between iran and russia is the way to go around that. then we're looking at we call the big stiff, the dedollarization, basically that is something that can cut the long arm. of the us sanctions once seen in trade blocks and also in bricks. well, in this edition of the program we will talk to two our guests who uh can elaborate more on this. olek barabanov from moscow state university. we also have leonid saven who's the founder of the journal of euration affairs.
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iran uh has adapted very well to the uh americans sanctions, when i was personally in tehran and in other cities in iran, i've seen ituh but... my own eyes that the industrial development, the infrastructural development in iran is is very good. russia now is interested how to adopt the iranian experience to leave under sanctions to promote the industrial development. in russia also,
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we see the uh we see now the industrial revival, i would say in russia. us sanctions have helped sanction countries like iran in more ways than one. this is a snapshot of iran's manufacturing output from 2021 to 2022, there was an 8.48% increase, from 2020 to 2021, there was a 50.32% increase, and here is how russia has faired under us sanctions, a 3.3% increase on a monthly basis to over $251 billion, 4.8% since the start of 2023. yes, it is true that this is in part due to military production. obviously the enlargement of breaks, now we have iran as the
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member country of bricks and that is very good thing for russia, i believe that the cooperation with russia is a strategic cooperation and it's to the benefit to iran and russia as our dear neighbor all bricks countries before and after the enlargement, russia, china, indians, brazil and so on. our countries need to activate cooperation in such areas as technology, education. resource development, trade and logistics, finance and insurance and also to multiply the amount of capital expenditure. this is a developing story that we're looking at, and it reads what's
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next for serious battered economy and political upheaval, with oil production a fraction of what it was before the war and with currency and turmoil, the country will need time and support to recover. serious economy. could take a decade to overcome the turmoil of war. uh, now we ask, why does the us still control syria's oil fields while imposing draconian sanctions, like the caesar sanctions, which hurt ordinary syrians? again, the syria story is a developing one. we'll be taken a closer look at what comes out of that country in the days and weeks to come.. this is the social media part of our program where we take a look at uh social media posts of significance: first up, such ridiculous propaganda, western media outlets claim that hong kong is a hub for financial crime. what is there evidence?
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well, china doesn't follow unilateral us sanctions, which are illegal under international law. china can trade with russia, iran and north korea, that is not a crime. well, the reason why us sanctions don't work, many, but the primary reason is that it is flawed in thinking that this will hurt, for example the iranian governments. this only hurts ordinary iranians and that is what one of the goals of the us is to instigate an uprising against the government, and here is proof actually of how there is always a way, neither confirmed or denied by the way, by our program, where hong kong has turned into a hub, including export of controlled western technology to russia and the creation of front companies to buy iranian oil. well this entry was made by journalist ben norton who had this picture as his profile picture. look at how much of the world the us has used military interventions. i think the picture speaks for itself. and here's a case of shooting yourself in the foot or following the us blindly.
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massive us and eu sanctions against russia has continued to this day, but at what cost the eu has been blinded at how the us has pushed it into situation where it has. de-industrialized, take a look at the impact of russian sanctions on the german auto industry, which is going into the abys, record losses. first of all, i think that sanctions kind of double standards and imposed by the west, and it shows that it's not work for russia, for iran, for north korea and for other countries, sanctions in some ways positive for both countries, because we start to develop our economy, why? because we depended of western companies, they see us
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like very large markets and to provide some goods from medicine to aircraft. now we more independent and we develop our economics from agriculture sectors and in russia now we now restart our aviation industry. and i think it's very good and if we will join our efforts effect will be more good for both of our country, russia and iran. well, we've talked about how the eu has shot itself in the foot using germany as an example, well here's a case of how the us has also shot itself in the foot when it comes to losses that it has exercised. from the sanctions, okay, uh, this figure over here is uh, very telling, $19 billion dollars in losses yearly, the
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amount of imports and exports to respective sanction countries, which result in the $9 billion dollars. financial western system, at least it's called like international system, but originally it's western international system, not only dollar, but also stock markets and some uh swift system, other issues used like weapon by the way. it's very clear for other countries that american dollars
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become toxic for other world. it's very important for russia, for iran, for other country to use national currency or some kind of alternative currency. great potential for strong transactions, particularly with our shared perspectives on regional and international events. this positive step can foster increase trade and transactions and aligns with our goal to use national currencies and pursue dedollarization in line with other bricks members.
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this is the info news section of the program. our first entry focuses on france and its economy, the reason the collapse of france's governments, that is further burdening its weak economy. already struggling with flat growth, including a large debt and deficit, the country faces a new period of instability without a functioning government or a budget. now france's prime minister, in case you haven't heard, has resigned, bachnier, his name, last name. then we move on to another crisis, this country, south korea, the one that's experiencing, uh, in economy that was rattled by marshall law decree. now, even before a short-lived declaration of this martial law thrust the country into the crisis mode. the economy faced grim prospects. the uh stock market was one of the worst performing in the world this year, its currency has weakened more against the us dollar than other major asian currencies and the economy has largely stagnated.
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when the heart wants to pump oxygen to the different organs in the body, it has to do that through the blood flow that goes through the aortic tube. now that aortic tube might actually inflate and possibly even tear cutting the blood flow to those organs, which is called aortic anurism. so in this week's episode we're going to be exploring the different types of surgeries that exist to treat it. make sure to check us out, times are listed below.
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this is the in-depth section of the program. what it comes to countries heavily sanctioned by the us, russia and iran take the number one and two spots. both have been hurt by these sanctions and they have also benefited. yes, it's important to see how us's excessive use of sanctions have led to not only it becoming less effective, but to also lead to us's isolation. it was in 2024 that the us imposed three times as many. sanctions as any other country or international body, targeting a third of all nations with some penalty on people, properties or organizations. this means a third of all nations are under us sanctions of some kind. this is a situation that disproportionately affects lower income countries, 60% of which are under us sanctions. now the us has imposed 15,373 active
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sanctions as of april of 2024. you the countries uh that follow that, actually no the country comes even remotely close to the number of sanctions applied by the us, as you can see in second place is switzerland with over 500 sanctions, followed by the european union with 4808, the uk with 4,360, canada with 4292 and australia with 3,023. when you take a look at the un, that has had 875 active sanctions as of april 2024. let's uh bring back our guest to see what uh uh he thinks about this. in this case we have um olakbanov who rejoins us. he's a deputy director of eu politics at the european studies institute at the moscow state university. welcome back. oh, like russia and iran have for a while now made a pivot to the east. along with countries the global south, i must say, trading blocks have uh been a very pivotal to this like
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bricks, eeau and the sco. do you think that these moves along with dedollarization? is actually going to help break the stranglehold that uh western countries have on iran and russia, especially the us and the eu? yes, that's true that russia now is actively doing a policy of turning east, let's say, because before the ukrainian conflict, the majority of our economic interest were at the western market. mainly in the eu market uh and now fortunately the russian government has understood that it was not useful useful and for our national interest to be connected only to the west. well thank you for that. let me ask you uh this: if you're taking a look at countries uh that in particular are attractive for
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iran and russia to do business with um is it just limited to those countries for example or are they the countries that are within the trading blocks? so now for two years we we in russia we are developing our partnership with various regions of the global south with iran for sure we have very close economic relations now with other countries in asia but also we are quite active in in africa. okay, thank you for that. uh, when we take a look at the way the sanctions have actually uh played out, it's important uh to take a look at the trend and actually how it went along. it actually spiked during the last four us governments and reached the current us president, joe biden, where the fever pitch, so to speak, in which he imposed over 6,00 sanctions, that's a
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lot in just a matter of two years, by cutting their targets off from the western financial system sanction. can actually crush national industries, it could erace obviously personal fortunes and upset the balance of political power. now the number of sanctioned entities also has appeared to be growing fast, but almost too fast for the treasury department of the us. we take a look at this, the jack, jack lou was the former us secretary uh treasury secretary said this about sanctions that is an sanctions overreach uh and then when you add to that another startling fact that in washington the swell of sanctions have actually spawned the multi-billion dollar industry, foreign governments and multinational corporations, they spend exorbitant sums to influence the system, while white shoe law firms and case lobbing shops have built booming sanctions practices and they've done that in part by luring
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government officials to cash in on their expertise, that's quite incredible. all right, let's bring back our guest. leonid 7 and see what he thinks uh of this. leonid uh taking a look at russia and iran, they have for a while now made a pivot to the east. that's very obvious in their trading partners along with countries of the global south. um, put that into perspective for us in terms of the blocks that they are also a part of, especially iran that has moved to be a member of bricks for example, and the eao and the seo, will these moves along with the dedollarization? like one, it's like alternative to the global west, actually it's a kind of civilizational choice, like samuel told many years ago, and that it's some kind of treat if there will be
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clash of civilizations, now we see that only one western civilization is kind of danger for other type of civilization on global souls on global east and other region like latin america and so i think it's very good that many countries now start to understand this situations and we both with iran can to bring more kind of alternative views on world politics, it's very important because decolonization not means only political level or economical level, it's also mean of political philosophy, it's also mean deconization of minds.
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hello and welcome to the quick tech section. i'm krash punati. it was april 2023, and it was a sturtling admission. the us treasury secretary janet yallen said us sanctions on iran are simply not working, or at least working much less that we would like to. is that the case for other sanction countries as well? take the case of north korea, while causing significant harm to civilians economic sanctions, have failed to prevent north korea's use and production of its ballistic missile and nuclear weapons programs. there are other countries which us sanctions have failed in achieving us objectives, although these sanctions do inflict harm and pain, including life threatening ones, there is one reason countries have chosen. than not to buckle, and that is us regime change objective. this can be applied to a handful of countries like iran, russia, venezuela, cuba, china can also be included in this category.
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citizens of the countries realize that failures the us regime change approaches have had in countries like iraq, yemen, libya and syria, although syria's future remains to be seen since the government, there has just fallen, yet the boldest declaration made against the ineffectiveness of us sanctions was a declaration. made from a us publication which indicated that us sanctions only do not work but have a detrimental effect on the us itself. the headline read america's love of sanctions will be its downfall, saying that measures intended to punish autocrats are eroding the very western order they were meant to preserve. this order that the us is meant to preserve is now one that has expired. the us cannot maintain it since there is a new world order. this is what the us secretary of state. a stated on the matter, we will remain focused on the most serious long-term challenge to the international order, and that's posed by the people's republic of china. china is the
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only country with both the intent to reshape the international order, and increasingly the economic, diplomatic, military and technological power to do it. blinking calls china most serious long-term threat to world order that beijing's vision would move us away from universal. values that have sustained so much of the world's progress, this is while the us is guilty of that, and that does it for this edition of quick text section, any questions or comments, please send them to us, contact info is coming up, i'm kyorash, and i'll see you next week. "the quest for domination is a short-sided policy directive which does not yield the desired results. that is the case with sanctions. illegal sanctions are ones that do have a negative
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impact, but it's the population at large, that suffers, not the intended officials, with mixed results. may i add, if any, like in the case of russia and iran. this is economic divides website page. please check out some of our other program. and while you are at it drop us a line in the comment section. i'm k and i'll see you next week.
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don't miss my syria special, assad's fall, how are the people of syria going to live under isis and al-qaeda? what is the impact on surrounding countries? what kind of a blow is it to the palestinian resistance and the very existence of a new world, struggling to be born for sure. come to me to talk about it on how it out with gallaway.
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the headlines, the death tool from the israeli genocide in gaza surpasses 44,800 as the regime's unrelenting strikes kill more civilians across. says it is carried out fresh anti-israel operations in support of the palestinian people and their resistance in the gazo strip and the israeli regime has directed the military to prepare for a stay throughout the winter in the newly occupied areas of syria's golan heights.
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